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Coty Sells Stake in Kim Kardashians SKKN

Coty Sells Its Stake in Beauty Brand to Skims

Coty, which acquired a stake in Kardashian’s beauty business, SKKN, in 2021, said it would use the proceeds from the sale to reduce debt and invest in innovations across its broader brand portfolio.

Skims Acquires SKKN By Kim From Kim Kardashian and Coty

Coty acquired 20 percent of KKW Beauty, for $200 million in 2021. Now that stake will belong to Skims, while Kardashian’s 80 percent stake will also be transferred to Skims. Coty plans to use the proceeds to progress deleveraging strategy and invest in wider brand portfolio innovations

EconoTimes · 1d

Kim Kardashian’s SKIMS Buys Back Beauty Stake from Coty Amid Brand Consolidation

Coty Inc. (NYSE:COTY), the parent company of CoverGirl, announced it is selling its 20% stake in Kim Kardashians beauty brand SKKN to her shapewear company, SKIMS. The move consolidates Kardashians beauty and

Retail Insight Network on MSN1d

Nike reports 9% revenue decline in Q3 of fiscal 2025

Sportswear giant Nike has reported a 9% decrease in total revenue to $11.26bn in the third quarter (Q3) of fiscal 2025 (FY25) ...

5d

Patrick Schwarzenegger Strips Off Alongside Fiancée Abby Champion for New Skims Campaign

With The White Lotus making weekly headlines, it’s only natural that a SKIMS campaign would feature someone from the show.

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